
Cheap Homes for Rent in the Alameda Neighborhood of Tempe, AZ from $600 (52 Rentals)
Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.


505 W Howe St

2610 S Ventura Dr

1630 E 12th St

521 W 5th St

1939 E Concorda Dr

1409 S Mill Ave

1630 E 12th St

907 E Broadmor Dr, Unit Room #1 Twin

149 N Phyllis
Phoenix's Best Affordable Neighborhoods
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700 W University Dr, Unit 125

1718 S Longmore

524 W Howe St

1325 E Don Carlos Ave

58 N May, Unit 101

2323 S College Ave

722 E Encanto Dr

1200 S Farmer Ave

1200 S Farmer Ave

1405 S Newberry Ln
Rent According to Income: A Look at Income-Restricted Rentals
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1978 E Don Carlos

407 W Howe St

2134 E Broadway Rd, Unit 1047

407 W Howe St

2134 E Broadway Rd

225 N Standage

1201 S McClintock Dr

1201 S McClintock Dr

731 W University Dr

731 W University Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

600 S Roosevelt St

2123 W Hu Esta Dr

600 S Dobson Rd

934 W Parkway Blvd

1201 S McClintock Dr

922 S Acapulco Ln

600 S Dobson Rd

720 S Dobson Rd

540 N May, Unit 2081C

700 W University Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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1406 W Emerald Ave

2025 S Granada Dr

1916 W Jerome Ave

1645 W Baseline Rd

1143 E Sandpiper Dr

34 W Concorda Dr, Unit 103

821 S Casitas Dr

916 S Hacienda Dr

Furnished Studio-Phoenix - Mesa - West

812 W Duke Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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Alameda, Tempe, AZ Local Guide

How much does it cost to rent a home in Alameda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alameda 2 Bedroom Homes for Rent | $1,737 | $999 | $2,999 |
| Alameda 3 Bedroom Homes for Rent | $2,594 | $1,100 | $6,495 |
| Alameda 4 Bedroom Homes for Rent | $3,260 | $2,125 | $7,500 |
| Alameda 5 Bedroom Homes for Rent | $3,809 | $750 | $5,500 |
| Alameda 6 Bedroom Homes for Rent | $3,214 | $699 | $4,599 |
Browse Homes for Rent in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Alameda Neighborhood of Tempe, AZ.
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Alameda, Tempe, AZ Local Guide
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Cheapest Available Alameda Apartments for Rent
 The cheapest available apartment rental in the Alameda area of Tempe, AZ is a 1 Bed unit found at Manhatton priced from $750. District at Fiesta Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Alameda apartments for rent in Tempe, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manhatton | 1/1 | 1BR,1BA | $750 |
| District at Fiesta Park | A1: 1 Bed 1 Bath | 1BR,1BA | $895 |
| Riviera Palms | Studio | Studio,1BA | $899 |
| Aster on University | S1 R | Studio,1BA | $899 |
| Thrive Tempe Apartments | 1x1 | 1BR,1BA | $899 |
| University Pointe Apartments | Studio | Studio,1BA | $899 |
| Sentry Tempe | Kona | Studio,1BA | $906 |
| Paseo on University | 1 Bedroom Apartment Near ASU Tempe | 1BR,1BA | $918 |
| The Link Apartments | One Bedroom East - Classic | 1BR,1BA | $920 |
| SoL | 4BR/4BA - Horizon | 4BR,4BA | $920 |
Best Value Apartments for Rent in Alameda, AZ
As of August 02, 2026 the best value apartment in the Alameda area is the $0.43 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $799. The second greatest value Alameda apartment is the 2 Bedroom 2 Bath Unit Model at The Howe Apartments starting at $1,799 with a $1.13 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts on 8th | Student Housing | Furnished Townhome | 4BR,4.5BA | $0.43 |
| The Howe Apartments | 2 Bedroom 2 Bath Unit | 2BR,2BA | $1.13 |
| Villa Real | 2 Beds, 2 Baths | 2BR,2BA | $1.29 |
| Tempe Horizons | 2 Bed/2 Bath | 2BR,2BA | $1.36 |
| SoL | 2BR/2BA - Golden Cove | 2BR,2BA | $1.18 |
| Sago Gardens | Single Story | 2BR,1BA | $1.21 |
| Sycamore Square Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.39 |
| The Heights on Lemon | 2 Bedrooms, 1 Bath | 2BR,1BA | $1.35 |
| The Morrison Apartments | B2 Signature | 2BR,1.5BA | $1.39 |
| MadEry Apartments | Saguaro | 2BR,1BA | $1.35 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleAlameda, Tempe, AZ
Ranked #1
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Alameda, Tempe, AZ
Joseph P. Spracale Elementary School
School data provided by Great Schools
Frequently Asked Questions about Alameda
What type of rentals are currently available in Alameda?
There are currently 446 Apartments for Rent in Alameda, AZ with pricing that ranges from $676 to $12,750. There are also 301 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $699 to $7,500.
What is the current price range for Rental Homes in Alameda?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $699 to $7,500 with an average monthly rent of $2,659.
How much are larger Three and Four Bedroom Rentals in Alameda?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $801 to $10,066, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,125 and Four Bedroom Apartments start at $676.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.